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NASDAQ:PENNPenn National Gaming Stock Price, Forecast & News

$29.14
+0.49 (+1.71 %)
(As of 07/14/2020 04:00 PM ET)
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Today's Range
$27.83
Now: $29.14
$29.52
50-Day Range
$27.86
MA: $31.64
$37.37
52-Week Range
$3.75
Now: $29.14
$40.14
Volume5.81 million shs
Average Volume10.36 million shs
Market Capitalization$3.40 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.6
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. As of December 31, 2018, it owned, managed, or had ownership interests in 40 facilities in 18 jurisdictions. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.15 out of 5 stars


Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.30 billion
Cash Flow$3.98 per share
Book Value$15.98 per share

Profitability

Net Income$43.90 million

Miscellaneous

Employees28,300
Market Cap$3.40 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

How has Penn National Gaming's stock been impacted by COVID-19 (Coronavirus)?

Penn National Gaming's stock was trading at $19.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PENN shares have increased by 47.1% and is now trading at $29.14. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Penn National Gaming?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 1 sell rating, 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Penn National Gaming.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Penn National Gaming.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) announced its quarterly earnings data on Thursday, May, 7th. The company reported ($4.42) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $4.62. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Penn National Gaming had a negative net margin of 11.80% and a positive return on equity of 0.60%. Penn National Gaming's revenue was down 13.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. View Penn National Gaming's earnings history.

How will Penn National Gaming's stock buyback program work?

Penn National Gaming declared that its Board of Directors has initiated a share repurchase plan on Wednesday, January 9th 2019, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

What price target have analysts set for PENN?

12 brokerages have issued 12 month price targets for Penn National Gaming's stock. Their forecasts range from $20.00 to $45.00. On average, they anticipate Penn National Gaming's share price to reach $32.10 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

Media coverage about PENN stock has been trending extremely negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Penn National Gaming earned a news impact score of -4.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news about Penn National Gaming.

Who are some of Penn National Gaming's key competitors?

What other stocks do shareholders of Penn National Gaming own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn National Gaming investors own include Walt Disney (DIS), AT&T (T), Netflix (NFLX), NVIDIA (NVDA), MGM Resorts International (MGM), Boeing (BA), Eldorado Resorts (ERI), Las Vegas Sands (LVS), Alibaba Group (BABA) and Carnival (CCL).

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the following people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 60)
  • Mr. Jay A. Snowden, Pres & COO (Age 43)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 56)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Ms. Christine LaBombard, Sr. VP & Chief Accounting Officer (Age 49)

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.06%), Louisiana State Employees Retirement System (0.03%), MERIAN GLOBAL INVESTORS UK Ltd (0.01%), Whittier Trust Co. (0.01%) and Modus Advisors LLC (0.01%). Company insiders that own Penn National Gaming stock include David A Handler, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View institutional ownership trends for Penn National Gaming.

Which major investors are buying Penn National Gaming stock?

PENN stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Whittier Trust Co., Modus Advisors LLC, Louisiana State Employees Retirement System, and Envestnet Asset Management Inc.. Company insiders that have bought Penn National Gaming stock in the last two years include David A Handler, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, Timothy J Wilmott, and William J Fair. View insider buying and selling activity for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $29.14.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $3.40 billion and generates $5.30 billion in revenue each year. The company earns $43.90 million in net income (profit) each year or $0.37 on an earnings per share basis. Penn National Gaming employs 28,300 workers across the globe.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is www.pngaming.com.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]

This page was last updated on 7/15/2020 by MarketBeat.com Staff

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